Page 51 - KZN Film Annual Report 2023/2024

KWAZULU-NATAL FILM COMMISSION
The table below discloses relevant information on the audit committee members
Name
Qualifications
Internal or external
Internal, position in the public entity
Date appointed
Date Resigned
No. of Meetings attended
Linda Ngcobo
CA (SA)
External
ARC Chair
08 August 2021
4
Sanele Zondi
MPhil
External
ARC Member
01 August 2021
07 February 2024
3
Musa Mzimela
B Admin,
B Tech Management, Honours Public Administration, Postgraduate Diploma in Governance and Political Transformation
External
ARC Member
01 February 2013
1
Denga Ramuedzisi
External
ARC Member
4
Compliance with Laws and
Regulations
The ARC reports must comply with its responsibilities arising from Section 50(1) of the Public Finance Management Act and Treasury Regulations. The Audit and Risk Committee shall be responsible for:
• Reviewing the effectiveness of systems for monitoring compliance with laws and regulations and the results of management’s investigation and follow-up on any instances of non-compliance; and
• Obtaining regular updates from management and the organisation’s legal counsel regarding compliance matters.
Fraud and Corruption
KZNFILM has a fraud prevention policy in place. The entity has a “Zero Tolerance to Fraud and Corruption”. All allegations of fraud, corruption and maladministration will be investigated and tough action will be taken against perpetrators i.e. disciplinary steps, civil recovery of financial losses and criminal prosecution.
The KZNFILM implements appropriate prevention and detection controls, which include the existing financial and other controls as prescribed in the systems, policies and regulations of the KZNFILM.
The KZNFILM obeys the principles contained in the Code of Conduct for Public Service, Batho Pele principles and the ethical values adopted by the KZNFILM and as contained in our strategic plan.
Officials are afforded the necessary confidentiality
when reporting suspected fraud and corrupt activities. All allegations of fraud, corruption and maladminist1ration is treated in confidence and every effort is made, subject to any legal constraints, not to reveal the identity of the reportee. The allegations reported will be screened and evaluated. All suspected fraud and corruption activities are reported via the Provincial Treasury Fraud Hotline.
Conflict of Interest
Each employee and Board member declare their business interests at the beginning of the financial year. Staff members who serve on different SCM committees are required to declare their business interests on every meeting that they attend. It is general practice that the participants in the various governance structures are required to declare any conflicts of interest in the matters being discussed which is then noted in the minutes of the meeting.
Code of Conduct
With regards to SCM matters, the code of conduct as contained in the Provincial Treasury Practice Note 04 of 2007 are applied in KZNFilm. Furthermore, KZNFilm has a Code of Ethics policy which serves as a set of rules guiding the behaviour of individuals in an organisational set-up. The behavioural rules are based on KZNFilm’s Core Values and create an organisation’s culture requiring exemplary reputation with all its stakeholders. This Code of Ethics is designed to take ambiguity out of values and explains how employees are to demonstrate the core values of the organisation which must manifest on a daily basis as a way of life and that of doing business.
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ANNUAL REPORT 2023/2024